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1977 (11) TMI 55 - BOMBAY HIGH COURT
Extract:
.......pt of the business to ascertain the taxable income. In our view, the Tribunal has, therefore, taken the correct view of law and consequently the reference must be answered in the affirmative and in favour of the assessee. The question is accordingly answered in the affirmative and in favour of the assessee. Revenue to pay the costs of the assessee.